Avizent promotes finance chief to CEO

A Central Ohio claims and risk management provider has a new CEO.

Avizent named Tom Watson as CEO of the Dublin-based company, which specializes in claims management, medical managed care and risk management services. He will oversee the company’s national property and casualty third party administrative services and Avizent’s managed care company, occupational preferred provider organization networks and alternative risk division.

Former CEO Lori Daughtery left “to pursue other professional interests,” the company said.

Watson had previously served as the company’s CFO and, before that, as president and chief operating officer at UnitedHealthcare Benefit Services and as CFO of OptumHealth Financial Services.

Avizent, which until April 2008 was known as Frank Gates Service Co., posted revenue last year of nearly $93 million. The privately held company has nearly 800 employees throughout the country with 232 in Ohio. It operates a branch in Cincinnati, which employs 10.

Source: izjournals.com